Short sales yield 9% more than foreclosures now
Short-sale transactions increased 4% from 2023 to 2024, nearly 10% from 2024 to 2025 and about 16% annually in the first quarter of this year, according to Realtor.com.
Should lenders prepare for mortgage rates moving even higher?
The 30-year fixed rate loan average is at its highest since August, while the 15-year is now above where it was one year ago, Freddie Mac found.
Fed bans former Illinois banker for using inflated appraisals
A one-time chief lending officer for Heritage State Bank has been barred from the industry for signing off on mortgages backed by over-valued appraisals.
Pamela Heman
Phone:+1(816) 810-5001